Tennessee Apartment buildings for sale

Updated: Aug 13

Five-Unit Apartment Building

5129 Bluff City Highway, Bluff City, TN 37618

$599,000

8,000 sqft 0.57 AC lot

Five apartments with one 3‑bedroom/2‑bath unit and four 2‑bedroom/1‑bath units
8,000 square feet on 0.57 acres
Washer/dryer hookups in every unit
Tenants pay their own utilities
Commercial zoning with additional land

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Updated: Sep 9

16-Unit Apartment Building Portfolio

204 E Watauga Avenue, Johnson City, TN 37601

$1,590,000

8,942 sqft

16 fully occupied apartments across 3 separate buildings
8,942 square feet on 3 properties at 200, 204, and 206 E Watauga Avenue
Unit mix includes fifteen 1‑bedroom/1‑bath apartments and one 3‑bedroom/1‑bath apartment
Six units fully remodeled with updated finishes, appliances, cabinetry, and PTAC units as needed
Ground‑level laundry room at 206 E Watauga Avenue; leased washer and dryer may be assumed

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28-Unit Apartment Building

303 S Poplar St, Paris, TN 38242

$1,800,000

15,750 sqft 0.78 AC lot

Residents have access to on-site laundry, while office and maintenance areas support property operations.

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Apartment Property With Main House

605 S Lake Dr, Oneida, TN 37841

$525,000

7,576 sqft 3.60 AC lot

Multiple rental units accompany a three-bedroom, two-bath main house on a spacious lake-area site.

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46-Unit Apartment Portfolio

3439 SOUTHERN Ave, Memphis, TN 38111

$1,900,000

7,000 sqft

Six-building multifamily property near the University of Memphis.

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Remodeled 7-Unit Apartment Complex

La Follette, TN 37766

$575,000

4,040 sqft

Two separate buildings offer updated interiors near Norris Lake and regional outdoor recreation.

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Renovated 8-Unit Apartment Building

183 Campbell Street, Jackson, TN 38301

$1,250,000

5,724 sqft 0.34 AC lot

Two-story brick multifamily property with updated interiors, central HVAC, and public utilities in downtown Jackson.

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8-Unit Apartment Buildings

356 Beechcroft Road, Spring Hill, TN 37174

$1,990,000

8,528 sqft 1.01 AC lot

Four duplex structures provide individually configured residences with in-unit refrigeration, laundry equipment, and access to everyday services.

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Multifamily Apartment Portfolio

3183 Tiffany Court, Kingsport, TN 37663

$4,300,000

3,800 sqft 0.70 AC lot

Mixed apartment, townhouse, and duplex improvements include remodeled interiors, brick construction, and public water service.

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Historic 10-Unit Apartment Building

2000 Netherland Inn Road, Kingsport, TN 37660

$1,149,000

10,034 sqft 0.60 AC lot

Updated brick apartments overlook the Holston River near Riverfront Park and downtown Kingsport.

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46-Unit Apartment Portfolio

3439 Southern Ave, Memphis, TN 38111

$1,900,000

7,000 sqft

Multifamily asset within walking distance of the University of Memphis.

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8-Unit Apartment Building

210 Longview Avenue, Jonesborough, TN 37659

$1,499,999

3,200 sqft 0.52 AC lot

Fully occupied multifamily property with two-bedroom units and public water and sewer.

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Two-Building Apartment Property

1412-1418 Armstrong Ave, Knoxville, TN 37917

$1,549,950

8,514 sqft

Residential asset with furnished apartments, on-site laundry, and individual HVAC in much of the property.

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Renovated Apartment Building With Dual Kitchens

1021 31st Ave, N, Nashville, TN 37209

$1,049,901

4,129 sqft

Fully updated brick property near Tennessee State University with flexible room-rental and shared-living configurations.

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Six-Unit Apartment Building

406 High Street, Chattanooga, TN 37403

$1,580,000

4,300 sqft 0.05 AC lot

Historic multifamily property with varied layouts, private laundry, updated kitchens, and central heating and cooling.

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Apartment Building

175 STONEWALL St, Memphis, TN 38104

$1,990,000

42,840 sqft

Marketing imagery illustrates a potential stabilized appearance rather than the property's present condition.

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Five-Unit Townhome Apartment Building

903 S Main St, Springfield, TN 37172

$1,290,000

6,712 sqft

Newly built townhome apartments offer modern finishes and walkable downtown access.

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16-Unit Apartment Complex

820 Gibson Rd, Trenton, TN 38382

$645,000

12,948 sqft 2.14 AC lot

Apartment community with mixed unit layouts, accessible residences, management office, laundry facilities, and on-site parking.

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Mixed-Use Property with Retail

1242 Ladd Springs Road, SE, Cleveland, TN 37323

$700,000

8,814 sqft

Single-level property combines eight occupied apartments with a centrally positioned retail component and updated residential finishes.

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Eight-Unit Apartment Property

711 Murray Drive, Knoxville, TN 37912

$1,010,000

3,256 sqft

Two adjacent apartment buildings combine leased residences, on-site laundry, and renovation-ready units within a 1.32-acre property.

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Five-Unit Apartment Building

11279 Nashville Hwy, Baxter, TN 38544

$599,998

6,400 sqft 1.20 AC lot

Multifamily property with varied unit layouts, a detached storage building, and plumbing and water-heater upgrades.

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21-Unit Apartment Building Portfolio

5211 Pocahontas Drive, Knoxville, TN 37914

$2,695,000

12,600 sqft

Remodeled two-bedroom apartments offer private decks, assigned parking, and in-unit laundry connections.

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Apartment Buildings with Recent Improvements

1239 Agnes Pl, Memphis, TN 38104

$550,000

6,777 sqft

Two-building multifamily property with six renovated units and updated electrical service.

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8-Unit Apartment Building

1292 COURT Ave, Memphis, TN 38104

$449,900

5,184 sqft

Studio and one-bedroom, one-bath layouts include occupied units alongside partially renovated apartments requiring completion.

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Tennessee Apartment Buildings Market Trends and Statistics

Explore 210 apartment buildings for sale in Tennessee, showcased through 210 active listings on our real estate platform. These investment opportunities span a total of 1,950,855 square feet of properties for sale, with an estimated market value of $387,122,157.

Sale prices for apartment complexes in Tennessee start at $245,000, averaging $2,389,642, and reaching up to $35,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.